Economic Damages Expert Witnesses in District of Columbia

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Economic damages expert witnesses practice in a variety of fields, including personal injury, wrongful death, employment disputes, and commercial litigation. Some of the most common specialties include lost earnings analysis, business valuation, forensic accounting, and loss of household services. They can opine on the effects of economic loss, future income reduction, diminished earning capacity, and financial impact on plaintiffs and businesses.

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Average Economic Damages Expert Witnesses Court Fees

Review Fee

Deposition Fee

Court Fee

Economic Damages Experts in District of Columbia

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  • Review Fee $650/hr
    Deposition Fee $650/hr
    Court Fee $650/hr

    This highly-qualified expert has over 20 years of experience specializing in economic damages, with a focus on intellectual property, commercial damages, and antitrust. He received his BA in economics from the University of Wisconsin Madison before earning his PhD in industrial organization and international economics from MIT and his JD from the University of Michigan. He is active in his field as a member of several organizations, including the American Economic Association, the American Bar Association, the American Intellectual Property Law Association, and the Licensing Executives Society. He has also authored numerous articles concerning intellectual property damages issues, including multiple articles in leading intellectual property law journals. He has formerly served as an international trade associate attorney for Shearman & Sterling, a strategy specialist for McKinsey & Co., an adjunct professor of economics for the University of Maryland and Georgetown University, and the vice president of Analysis Group Inc. Currently, this expert serves as the senior managing director for an economic consulting firm based in Washington, D.C.

    Senior Managing Director, An economic consulting firm in DC

    Juris Doctor (JD), University of Michigan

    Washington,

    District of Columbia

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  • Review Fee $700/hr
    Deposition Fee $700/hr
    Court Fee $700/hr

    This highly-qualified expert has nearly 30 years of experience in the field of economics, specializing in transfer pricing, damages, valuations, intellectual property, and financial transactions matters. He earned his BA in applied mathematics from Johns Hopkins University and his PhD in applied economics from the Wharton School of the University of Pennsylvania. He is active in his field as a member of the Mathematical Association of America, and he has published extensively and presented nationally. This expert formerly worked as a senior consultant at Deloitte and Touche, a manager at Arthur Anderson, a senior economist at Economic Consulting Services, a senior managing economist at LECG, and a senior vice president at Criterion Finance. He was also involved in the academic sector as a visiting professor at George Washington University, Marymount University, and Johns Hopkins University. This expert founded an economics consulting firm in DC and has served as its president for the past 19 years.

    President, An Economics Consulting Firm in DC

    Doctor of Philosophy (PhD), University of Pennsylvania

    Washington,

    District of Columbia

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What Can an Economic Damages Expert Witness Opine On?

Loss of Earnings Assessment

Calculating potential income loss due to damages.

Business Valuation

Determining the worth of a business.

Future Earnings Projection

Estimating future income based on current data.

Cost of Replacement Analysis

Evaluating costs to replace damaged assets.

Life Care Planning

Calculating future care costs for injuries.

Economic Impact Analysis

Assessing broader financial effects of an event.

FAQs for Economic Damages Expert Witnesses

What is a economic damages expert witness?

An economic damages expert witness is a financial professional who quantifies monetary loss in legal cases. They assist by reviewing records, calculating damages, testifying, and clarifying complex financial issues.

In what case types can an economic damages expert witness provide valuable assistance?

An economic damages expert witness adds value in personal injury, wrongful death, employment, commercial litigation, business valuation, IP infringement, and contract dispute cases.

How should I evaluate an economic damages expert witness’s credentials and training?

Evaluate an economic damages expert witness’s credentials by reviewing their economics education, professional certifications, case experience, publications, and prior testimony.

How does an economic damages expert witness calculate lost business profits?

An economic damages expert witness calculates lost business profits by comparing projected earnings to actual results, adjusting for market conditions, expenses, and mitigation efforts.

What methodologies does an economic damages expert witness use to quantify future losses?

An economic damages expert witness quantifies future losses using discounted cash flow, earnings projections, life expectancy, and industry data to calculate present value.

What is Expert Institute’s process for selecting economic damages expert witnesses?

Expert Institute delivers a tailored approach to connect you with top-tier experts. We identify actively practicing professionals who meet your exact criteria for specialty, experience, litigation background, fee structure, credentials, location, and more.

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